TrueBlue House Care is famous for fixing both houses and business buildings.
If you are looking to add something new and profitable to your investments, TrueBlue could be a great choice.
For more information about TrueBlue, read this article. You’ll learn about how much money you might make, what fees you’ll pay, and what you’ll need to do to get started. So let’s get going!
About TrueBlue House Care
TrueBlue is a well-known name for taking care of houses, especially for older people. They fix buildings, take care of yards, clear away snow, make homes safer for seniors, and clean houses.
They’re the only brand that does everything with just one call. They help seniors and busy families.
TrueBlue started in 2011. That same year, they began selling franchises. Now, they have more than 50 locations across the USA.
Franchise owners can start with maintenance services. If they want, they can also offer cleaning services. They choose what services they want to provide.
TrueBlue House Care Franchise Model
| Cost Or Fees | Amount |
|---|---|
| Investment | $59,650-$86,000 |
| Franchise Fee | $39,500 |
| Liquidity | $50,000 |
| Royalty Fee | 6% |
| Area Requirement | N/A |
| Financing | Available |
| Discount | $2000 Off on Franchise Fee |
| Estimated Units | 50 |
Ideal Candidates For TrueBlue House Care
You don’t need any special experience to buy a TrueBlue franchise.
They’re not looking for a handyman. They want people who want to own a business and lead a team. Here’s what they’re looking for in a candidate:
- Experience in managing projects, sales, and marketing
- A spirit of wanting to start something new
- Good leadership
- Good at talking to people
- Wanting to help others
- Passionate and ready to follow a proven plan
Training & Support
TrueBlue provides training for up to two people. One of them will manage the business.
This training happens at their main office in Cincinnati, Ohio. It’s a must-do, and it needs to start within three months of signing the agreement.
This training includes learning about running the business and how to do the services. If you want to expand into cleaning, you’ll need three more days of training in Cincinnati. Right now, they don’t offer extra training later on.
TrueBlue House Care Revenue & Profit
TrueBlue House Care franchise owners make $316,800 in annual revenue on average. Please note that this figure corresponds to the average revenue generated by TrueBlue franchise owners in 2022.
If we assume a profit margin of 15% as per the industry standard, then we can calculate that a TrueBlue House Care franchise owner makes an estimated $47,520 in yearly net profits on average.
| Financial Overview | Percentage of Revenue | Amount ($) |
|---|---|---|
| Individual Franchise Annual Revenue | 100% | 316800.00 |
| Rent | 10.63% | (33660.00) |
| Insurance | 5.31% | (16830.00) |
| Salaries | 21.25% | (67320.00) |
| Franchise Royalty Fees | 5.31% | (16830.00) |
| Utilities | 2.13% | (6732.00) |
| Cost of Goods Sold (COGS) | 26.56% | (84150.00) |
| Labor (Variable) | 13.81% | (43758.00) |
| Total (Expenses) | 85.00% | (269280.00) |
| Net Profit | 15.00% | 47520.00 |
Note: The displayed expenses are estimates based on industry averages and standard costs. Actual expenses may vary due to factors like location, business size, and market conditions. We recommend conducting detailed research or consulting with a financial advisor for a tailored financial analysis.
TrueBlue House Care Payback Period
The estimated total profit of the TrueBlue franchise owner is $47,520 per year, and at an estimated 15% profit margin.
So, on the basis of investment and the estimated profit, we can calculate the payback period of TrueBlue House Care .
So, to find out how long it will take to earn back the initial investment:
Payback Period = Investment / Yearly Profit = $72,825 / $47,520 = 1.5 years
Based on these figures, it will take approximately 1.5 years to pay back the initial investment for TrueBlue House Care. This time period could be longer or sorter depending on your sales, revenue, and profit figures.
Failure Rate Of TrueBlue House Care
Franchised Outlets:
| Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|
| 2019 | 28 | 36 | +8 |
| 2020 | 36 | 46 | +10 |
| 2021 | 46 | 71 | +25 |
For the Franchised outlets:
- In 2019, the growth rate was (8)/28×100≈28.57%
- In 2020, the growth rate was (10)/36×100≈27.77%
- In 2021, the growth rate was (25)/46×100≈54.34%
According to the above table, we can see that the franchised outlets of TrueBlue House Care have been increasing in the span of three years from 2019-2021, showing a growth rate between 28.57% and 54.34%.
This is a clear indication of profitability of TrueBlue House Care.
Term Of Agreement & Renewal
The starting agreement with TrueBlue House Care is for 10 years.
Once that’s over, you can renew for two more 10-year periods if you meet certain conditions.
Opportunities abound for entrepreneurs in home inspection franchising, including brands like Pillar To Post Franchise, The Inspection Boys, BrickKicker Franchise, National Property Inspection and American Leak Detection.
TrueBlue House Care Comparison
| Company | TrueBlue House care | HouseMaster |
|---|---|---|
| Founded In | 2011 | 1971 |
| Initial Investment | $59,650-$86,000 | $61,100 – $107,650 |
| Franchise-Fee | $39,500 | $42,500 |
| Total Outlets | 50 | 272 |
| Annual Revenue | $12 Million | $30 Million |
Frequently Asked Question
How many TrueBlue franchises are there?
There are more than 50 TrueBlue franchises across the USA.
Does the TrueBlue franchise offer to finance?
Yes, TrueBlue offers third-party finance to all the new franchises.
Is TrueBlue House Care a franchise?
Yes, TrueBlue Care is a franchise organization that is known for its residential and commercial maintenance and repair services.
How much does a TrueBlue Care franchise cost?
The franchise fee for TrueBlue Care is $39,500, and their cost of investment ranges from $59,650-$86,000.
Where is TrueBlue House Care headquartered?
The headquarters of TrueBlue is located in Tacoma, Washington, United States.
Who founded TrueBlue House Care?
Gary Green is Chairman and Co-Founder of TrueBlue. He recognized the biggest obstacle for senior people is the ongoing maintenance of a home.
How many locations does TrueBlue House Care have?
TrueBlue has more than 80 locations across the country and all the locations are locally owned and operated.
Amit Gupta is an experienced expert in digital marketing and co-founder of DrFranchises. With more than 11 years of knowledge in franchise digital marketing, SEO, email marketing, and social media marketing, Amit has helped many brands achieve incredible success online. As a passionate entrepreneur and owner of 7 franchises, he continues to study franchise models, looking at costs, revenue, and profitability to guide brands toward profitable growth. When he’s not working on digital marketing, Amit enjoys spending time playing with his beloved dog.